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that will be calculated, and quite frankly, in a more simplified form been standard tax law. host: professor bob kelly? guest: when i say chaos i am -- professor buckley? >> when i say chaos, i am referring to two things. the irs has done programming based on their being a patch enacted by the end of the year. most tax returns software has made the same calculated gamble. i agree that the government needs revenue. i do not think there is any question of that. if you just say that the amt is a good tax because it raises revenue, i do not argue on the notion that we need money, however is an extraordinarily arbitrary way of raising revenue. it raises revenue not from the super wealthy. the amt applies to few people making more than half of $1 million. it is counter-intuitive. if you are going to raise revenue, it should be as president obama has suggested, shared sacrifice, and that sacrifice has to come from people making more than half of $1 million. host: how do the very wealthy get out of paying the amt? guest: because of the rate structure. the rate between $200,000 and $500,000 are at least as hig
or the other. all they're trying to do is protect their interests. host: bob is in barrington, illinois on our republican line. caller: on the matter of immigration, i live in illinois. illegals are not allowed in the .tate to have driver's licenses what is going on with our country? we have the most corrupt politicians in the united states in this state. everyone knows what is going on. they are selling our state out to the illegals and i am upset with it. if somebody breaks in my house, i'm not going to give them a bed and roof over their head. i'm going to put them in jail or kick him out of the country. host: bob, does the illinois state department of motor vehicles rulebook still say, must read, write, understand english? caller: no, i have not seen it in there. the should have kept that in there. i was in japan for four years. their rules are a lot tougher hours. we had to carry id's around. -- around 24/7. host: what kind of work did you do in barrington, illinois? caller: i worked all over. if i want to find a part-time job, it is hard. the minute they look at her white hair, they say
insurance of the up there? host: thank you for the call. is this from bill king. this is bob, good morning. caller: happy new year. host: to you, too. caller: all the republican party has to do is to allow for what the voters voted on by putting obama back in office, which was the mandate that people earning above $250,000 pay 4.5%.eer lousy that is not a hair off their chinny-chin-chin. everybody is looking to fight against the tax increase for the wealthiest people. they take a ski vacation in france and a cost $20,000. they spend money like it is garbage. cheerleading for tax breaks for people who do not need it. they have admitted they do not need it. the republicans and the democrats are not facing the key issue with our budget, which is medical cost. it is insanity we do not hear enough and i wish c-span would have more programs dealing with all of the options that could lessen the burden on the government and the taxpayer for the medical costs. i believe that in medicare buy- in -- i have 10 years left to go until medicare. i pay $620 a month for my health care. that is a lot of mon
Search Results 0 to 2 of about 3

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